Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said the current surge in inflation and fluctuation of exchange which are impacting insurance can be addressed through proper reinsurance of risks. The Commissioner for Insurance, Sunday Thomas, said this in a podcast monitored by […]
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Group life: No cover for FG workers from September to date
Kindly leave a comment and share Chuks Udo Okonta Going by the ‘No Premium No Cover’ law Federal Government workers in Ministries, Department and Agencies (MDAs), paramilitary and intelligence agencies, presently have no cover, in spite the recently approved N9.24 billion for the purpose. Findings by Inspenonline revealed that the […]
Brokers laud FG’s approval of N9.24bn group life cover for workers
Kindly leave a comment and share Chuks udo Okonta Federal Executive Council, yesterday approved N9.24 billion for Group Life Insurance Cover for civil servants for 2022 and 2023. The group life insurance policy would provide cover for government officials in all Ministries Departments and Agencies (MDAs) paramilitary and intelligence agencies. […]
SUNU Assurances Nigeria posts N4.62bn GPW in Q3 2022
* Pays N1.14bn claims Leave a comment and share Chuks Udo Okonta SUNU Assurances Nigeria Plc’s performance has improved tremendously in the Third Quarter (Q3) 2022 compared with Third Quarter 2021 in spite of the harsh operating environment in the country. SUNU Assurances Nigeria, one of the fastest growing underwriting […]
Universal Insurance bags Pearl award
Chuks Udo Okonta Universal Insurance Plc has won the Pearl award for listed Company with the Highest Earnings Yield in 2022. The insurer was announced winner by the organisers of the award at a ceremony held recent in Lagos. Ben Ujoatuonu, Managing Director/ CEO, also commenting on the award, expressed […]
NAICOM charges insurance companies to reduce environmental footprint
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has encouraged insurance companies to reduce their environmental footprint through internal operations and business activities. Commissioner for Insurance Sunday Thomas, said this on Friday at the 2022 Insurance Directors’ Conference organised by College of Insurance and […]
Enterprise Life assures brokers, policyholders of outstanding 2023
Kindly leave a comment and share Bashing in the euphoria of great strides recorded this year, Enterprise Life Assurance Nigeria Limited has assured brokers, policyholders and other stakeholders that it is fully ready for an outstanding performance in year 2023. The Managing Director/Chief Executive Officer of the underwriting firm, Funmi […]
Leadway sponsors singing reality TV show
Kindly leave a comment and share Chuks Udo Okonta In reinforcing its commitment to promoting insurance and deepening its penetration to a diverse ecosystem, Leadway, Nigeria’s foremost financial services provider, has announced its sponsorship of the fourth season of the much-anticipated singing reality TV show, The Voice Nigeria. This strategic […]
Onifade recommends common vision statement for insurance industry
Kindly leave a comment and share Chuks Udo Okonta The MD/CEO, Heirs Life Assurance (HLA), Niyi Onifade, has recommended the adoption of common vision statement for insurance industry, whilst calling for a deliberate and urgent effort in grooming the next generation of professionals to transform the sector. He made this […]
CIIN inducts 141 associates, 12 fellows
Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) today inducted 141 associates, 12 fellows. President of CIIN, Edwin Igbiti, speaking at the event which held at College of Insurance and Financial Management (CIFM) in Asese, Ogun State, said since conception, the Institute’s […]
